How many days does an auctioneer have to provide the seller with the names and amounts of purchase from each buyer after a written request?

An auctioneer is required to provide the seller with a detailed account of the names and amounts of each purchase made by buyers within 14 days after receiving a written request. This timeframe is explicitly outlined in North Carolina’s auctioneer regulations to ensure transparency and accountability in the auction process. The 14-day period allows the auctioneer adequate time to compile the necessary information, reflecting a balance between promptness in communication and the practical considerations of gathering data from the auction event. This requirement helps maintain trust between auctioneers and sellers by ensuring that sellers receive timely and accurate information regarding their sales.